Secure E-Commerce Scheme

E-commerce security has recently been an emerging topic due to the escalation in credit card fraud and stolen user accounts. In general, the security bridge and privacy leakage occur on the side of e-commerce companies due to various factors such as flaws in the design of their storage systems. The stored information of users increases the risk on privacy bridge and to remedy such risks e-commerce companies are forced to make costly investments. The security threats also enforce the development of robust security protocols and methods in digital commerce systems. The current protocols and methods generally bring extra communication and computation costs to all parties involving in the e-commerce system and the security risk on the side of e-commerce companies still remains. In this paper, we propose a Secure E-commerce Scheme (SES) which alleviates the security threats on the side of e-commerce companies and reduces communication costs for all parties. The proposed secure e-commerce protocol, SES, is implemented, analyzed and compared to two well-known schemes; Secure Electronic Transaction (SET) and 3D Secure.